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Act No. 25 on sustainability-related disclosure in financial services and a classification system for sustainable investments.

Country
Iceland
Type of law
Legislation
Source
FAO , FAOLEX
Abstract
The present Act lays down rules on disclosure of sustainability in financial services and classification system for sustainable investments. The Act applies participants in the financial market and financial advisers according to Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector. The Act makes Regulation (EU) 2019/2088 and Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088, applicable in Iceland.
Attached files
http://faolex.fao.org/docs/pdf/ice224294.pdf
Web site
http://www.althingi.is
Date of text
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Lög um upplýsingagjöf um sjálfbærni á sviði fjármálaþjónustu og flokkunarkerfi fyrir sjálfbærar fjárfestingar.
Implements
Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088.